Looks like someone just figured out how severely undervalued the @aegis_im YT-sYUSD have been (and still is)
15.79% fixed yield for PTs
Underlying yield currently 14% APR (but might go down if BTC performance is weaker) so at current rates you're getting back 90% of your investment from buying YTs, but in addition earning a TON of points
That's a bet I'm willing to take
Make sure tobuse boosted ref for 10% extra points
@0x_Ceee @aegis_im
What does it mean when Implied Yield is lower than Underlying Yield on @pendle_fi?
It means @aegis_im sYUSD YTs are undervalued just based on the current 1 day UY
• 1day UY = 1.21x ROI
• 7day UY = 0,77x ROI
Which basically is saying that you will get your money back from buying YTs just from the yield of the token
(Depends on that BTC stays bullish as sYUSD is a BTC basis trade stablecoin)
What does it mean if there's ALSO an insane possibility for ROI on Points on those YTs?
• Bear case (50M) = 3.3x ROI
• Base case (100M) = 6.5x ROI
• Bull case (200M) = 13x ROI
And those points are locked in every week by Aegis distributing 0.3% of supply weekly so you don't get diluted later by whales joining
It means sYUSD YTs are fuuuuging undervalued according to my comic sans spreadsheets (calcs in next tweet)
TL;DR slapp holds over 10% of the existing YT-sYUSD, and bought even more today
9,406
0
本頁面內容由第三方提供。除非另有說明，OKX 不是所引用文章的作者，也不對此類材料主張任何版權。該內容僅供參考，並不代表 OKX 觀點，不作為任何形式的認可，也不應被視為投資建議或購買或出售數字資產的招攬。在使用生成式人工智能提供摘要或其他信息的情況下，此類人工智能生成的內容可能不準確或不一致。請閱讀鏈接文章，瞭解更多詳情和信息。OKX 不對第三方網站上的內容負責。包含穩定幣、NFTs 等在內的數字資產涉及較高程度的風險，其價值可能會產生較大波動。請根據自身財務狀況，仔細考慮交易或持有數字資產是否適合您。